The S&P 500 gained $910 billion on 11 November. Microsoft, Amazon and Meta lost $172 billion.
Published · 1 min read
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For the first time in our price history back to April 2025, Microsoft, Amazon and Meta all fell on a day the S&P 500 rose more than 1%. Nvidia and Micron added $217 billion.
The S&P 500 rose 1.32% on Wednesday, 11 November, and added $910 billion in market value. Microsoft, Amazon and Meta lost $172 billion between them. In the 399 sessions our price history covers, back to April 2025, this is the first day all three fell while the index (measured by SPY) gained 1% or more. Across the index, 329 stocks rose and 168 fell.
Nvidia and Micron, two of the biggest suppliers to AI data centres, added $217 billion between them. Reuters tied the rally to CoreWeave's results easing worries about AI spending. $MSFT fell 2.26% on the day Anthropic launched productivity tools, including Claude Sheets.
Where the money went
| Company | Change | Market value |
|---|---|---|
| $NVDA | +2.92% | +$119.1B |
| $AAPL | +2.04% | +$103.5B |
| $MU | +11.89% | +$97.5B |
| $META | -1.97% | -$32.3B |
| $AMZN | -1.74% | -$50.8B |
| $MSFT | -2.26% | -$89.4B |
Micron's $97.5 billion gain was more than Amazon and Meta lost together, at $83.1 billion. Its 11.89% gain was its sixth-best day in our records, and it still closed 33% below its 25 June closing high. Technology added $662 billion as a sector, with 67 of its 76 S&P 500 stocks up. Microsoft was one of the nine that fell.
Nvidia's figure is the closing price
The map uses Wednesday's close, where Nvidia was up 2.92%. After the closing bell, Reuters reported, citing the Wall Street Journal, that Nvidia is preparing to oust CEO Jensen Huang, and MarketWatch reported the stock dropping on the news. None of that is in Wednesday's numbers. Any move it causes will show up on Thursday's map.
See it on the site
Sources
- Stocks end higher as CoreWeave results ease AI spending worries — Reuters (11 Nov 2026)
- Microsoft Stock Slides After Anthropic Launches Productivity Tools: What to Know — Benzinga (11 Nov 2026)
- Evercore Plays Down Microsoft 365 Disruption Fears After Anthropic's Claude Sheets Launch: 'Not Yet A Substitute For Excel' — TradingView (11 Nov 2026)
- Nvidia is preparing to oust CEO Jensen Huang, WSJ reports — Reuters (11 Nov 2026)
- Nvidia's stock drops as the board reportedly prepares to remove CEO Jensen Huang — MarketWatch (11 Nov 2026)
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